St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-11-03

A RTICLES OF INCORPORATION OF
"A North st. Paul Electric Light. and
Power Company"
We, the undersigned do hereby associate
ourselves together for the purpose of form
ing. creating and organizing corporation
pursuant to the provisions of an act relating
to manufacturing corporations, approved
March z, 1873, General Laws of the State of
Minnesota, 1873, chapter IL, and the several
acts amendatory thereof and for that pur-
pose do hereby adopt and sign the following
articles OF incorporation, viz:
First-The name of said corporation is and
shall be North st. Paul Electric Light and
Power Company"
The general nature of the business of said
corporation shall be to manufacture. supply,
distribute and sell electricity for the purpose
of furnishing light, heat or motive power,
and the principal place of transacting said
business shall be at ST. Paul, county of Ram
sey, state OF Minnesota.
Second-The time of commencement of
said corporation shall be on the 9th day of
October, A. ID, 1887, and said corporation
shalt continue for the period of thirty 800
years from and after said date.
Third-The amount of capital stock of
said corporation shall be one hundred thou
sand (SlOO,0OOD dollars, and the same shall
be classified in such manner as the board OF
directors may direct, and shall be paid in,
when as in such manner and in such
amounts as the board of directors may by
resolution from time to time require.
Fourth-The highest amount of indebted
ness or liability to which such corporation
shall at any time be subject is fifty thousand
dollars ($5O,O0O).
Fifth-The names and places of residence
of the persons forming this association for
corporation are as follows: Edward K. Gil
man. residing at st, Paul, MIMI; Frank W.
NJ. CutcheOn, residing at ST. Paul, Mimi:
Charles A. Daigh, residing at st. Paul, Mimi,
and Harry W. Turner, residing at st. Paul,
Mimi.
Sixth-The government of the corporation
In of OFF ir hall No
vested in board of directors and such per-
sons under them as they may from time to
time select or appoint.
Said board of directors shall consist of not
less than three or more than seven. and
shall be chosen from and by the stockholders
of said corporation at the annual meeting
thereof, to be held on the second Monday in
N0yembee of each year, and shall hold Office
for one year or until their successors shall be
elected and qualified.
The number which shall constitute the
board of directors for the ensuing year shall
be determined by the corporation at each
annual meeting electlng such board before
such election.
The first annual meeting of this corpora.
ton shall be held on the second Monday in
November, A. ID. 1887.
The directors shall in each year immedi.
ately after their election organize and elect
president vice president, secretary and
treasurer, who shall be the officers of the
corporation and who shall hold their offices
LOT SUCH pe1lOG anu Snall perform Sucn Qu.
ties and shall have such powers as the by
laws of the corporation shall prescribe, all
of whom shall be chosen from The board of
directors and any two of such offices, ex-
cept those of president and vice president,
may be held by the same person.
The names of the first board of directors
of the said corporation are: Edward r. Gil
man, Charles A. Daigh and Harry W. Turner,
and the first officers of the corporation shall
be Edward r. Gilman. presid of said cor.
pOration; Harry w. Turner vice president:
and Charles A. Daigh, secretary and treasurer.
And said directors ana officers shall hold
their Offices until the first annual meeting of
said corporation and until their successors
are elected and qualified
Seyentli--The number of shares of the
capital stock OF the said North st. Paul Elec.
trio Light and Power company shall be two
thousand of the par value of fifty dollars
$50 each.
In witness whereof we have hereunto set
our hands and seals this 21st day of October,
A d. 1887.
EDWARD r. GILMAN, [Sea,.l
FRANK ". NJ. CUTCHEON. lSeali
CHARLES A. DAIGH, (Seal
H. w. TURNER 1Seal
| q presence OF JNo. G. DRESSER,
WILLIAM a. DRESSER.